Destiny Media Technologies (CVE:DSY) Reaches New 52-Week Low – What’s Next?

Destiny Media Technologies Inc. (CVE:DSYGet Free Report) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.75 and last traded at C$0.75, with a volume of 8200 shares. The stock had previously closed at C$0.55.

Destiny Media Technologies Price Performance

The company has a fifty day moving average of C$0.70 and a 200 day moving average of C$0.90. The firm has a market capitalization of C$5.08 million, a P/E ratio of -259.03 and a beta of 0.95.

Destiny Media Technologies Company Profile

(Get Free Report)

Destiny Media Technologies Inc develops technologies that enable the distribution of digital media files in a streaming or digital download format over the Internet. It offers Play MPE, an online platform that distributes promotional content, including broadcast quality audio, video, images, promotional information, and other digital content from record labels and artists to broadcasting professionals, music curators, and music reviewers to discover, download, broadcast, and review the content; Play MPE CASTER; Play MPE Quickshare provides a distribution tool for Play MPE customers to promote music; and Play MPE Player for music curators to review and download content through cloud-based player and mobile apps.

See Also

Receive News & Ratings for Destiny Media Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Destiny Media Technologies and related companies with MarketBeat.com's FREE daily email newsletter.